Benefits of e-sports events

Despite the bad image that online gaming has, from the violent graphics and obscene language. Contrary to that, studies from various organizations have speculated that there are several intellectual, physical and educational advantages to playing e-sports.

Here are some of the advantages of e sports events

Betting

Properly planned e sports events do have millions of viewers from the spectators at the arena to viewers at home streaming from various platforms. Most of the viewers do place bets, rooting for their favorite team or person to win, they are also there to follow the proceedings. This translates to high revenue to the betting firms and winners rake in big chunks from their stakes.

Marketing

Some e-sports games, e.g., League of Legends, do hold only yearly events. The 2016 League of Legends finals were watched by an astonishing 43 million people. Big time companies such as Coca-Cola and Red Bull just but to name a few, do take advantage of this kind of viewership to advertise and market their products. They may also sponsor the event or teams taking part in the tournaments as a part of marketing strategy

Source of Income

With the growth that e sport has experienced over the years, most gamers have turned pro. They spend hours practicing in preparation for the events, as they have turned it into a viable career and played e-sports for a living. For instance, in 2016, the League of Legends winners won $1,000,000, which is a tidy sum after spending their time playing through the various ranks while Dota 2 tournaments pay more than a million dollars in individual prizes to winners. Check out league of legends ranks for more information.

Opportunities for Pro-gamers

Apart from the prize-money at stake in the e sports events pro gamers do stand a chance to gain more. Winners may land advertisement deals with major companies, other than that they may be picked as faces of the game in which they participated which of course has its financial advantages.

Economic and Social Boost to the Locals

Host cities and towns do reap big from these events. Tickets to these events do sell out meaning people from far and wide travel to witness the events first hand. The catering and accommodation industry, for example, do get an increase in the customer numbers. The fans bring in money that normally wouldn’t be there. The host/city also get the chance to market their culture and heritage to the fans/tourists which may open up untapped potential.

eSports events are proving to be a force to reckon with. They have also been calls to integrate it into the Olympics as it has proved to be a crowd pleaser with the emotions that run through the event.